DH Corporation (DH.TO) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that it is offering a cloud-based instant payments testing environment for the European market.

Suriname-based Trustbank is taking a big leap after signing a new licensing deal with Islamic software vendor Path Solutions to implement iMAL Islamic Banking & Investment System as its new core banking platform. This is a major breakthrough for the Kuwaiti vendor, as it’s the company’s first Islamic core banking software deal in the Americas. Path Solutions was selected after a comprehensive assessment of leading global solution providers by a senior management team from different business functions at Trustbank. 

Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, and A2B Internet, a Dutch internet connectivity provider, today announced that A2B Internet has selected Juniper Networks® vMX Virtual Routers as the first Virtual Network Function (VNF) for its next-generation network platform.

Banking executives will gather to discuss the challenges of PSD2 implementation at a Congress in London tomorrow. Early signs point to a battle between financial services institutions and technology firms over the new legislation’s customer data access requirements. 

RegTech – a buzzword used commonly over the last year in FinTech and Finance - but what is it, who is it for and what does it do? Should you implement it? Do you need it? Just some of the dozens of questions I’ve been asked over the last six months and I thought I’d do a quick beginner’s guide as there are very little of those out there. And as to how to pronounce it – it’s Reg as in Peg, not your Great Uncle Reg who’s worth a fair wedge. Minor pet hate, I’ll get back to the point …

 ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that International Islamic Bank (IIB), a newly established bank in Iraq, has selected the multi-awards winning system ICS BANKS® ISLAMIC.

Identity initiative delivers unmatched level of user experience and security

Al Rajhi Bank, an advanced financial institution in the Middle East, called upon eProseed's expertise to provide assistance in the migration of its mission critical business databases to Oracle Exadata, a platform specially engineered to run Oracle Database. One year after the initiation of the project, the Bank is now reaping the benefits of improved staff productivity and resource utilization.

The House of Lords Financial Exclusion Committee has today published its report in which it asks the Government, the Financial Conduct Authority and banks to give greater priority to tackling financial exclusion.

It calls on them to end the scandal of the poorest being excluded from even basic financial services and forced to rely on expensive and substandard products. 

 Arvato Financial Solutions, the globally acting financial services provider, is taking its step-by-step option and has increased its holdings of Intervalor shares to 81.5 per cent. After initially acquiring 40 per cent of interest in Intervalor shares in June 2015, this is a further important step within the consistent internationalization of Arvato Financial Solutions. Both parties have come to an understanding that the financial details of the transaction will not be published. Local executive structure remains unchanged.